Economy
Vado has a large industrial and commercial port.
Vado Ligure is home to a Bombardier railway construction plant, founded in 1905 by Westinghouse. In 1919 it was taken over by Tecnomasio Italia Brown Boveri, since 2001 it is part of Bombardier Transportation. It currently produces the E464 locomotive.
The town's territory also includes an electric power plant, whose two towers (with a height of 200 meters) are visibile for kilometers in the neighbourhood.
Read more about this topic: Vado Ligure
Famous quotes containing the word economy:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)